. In this article, I present the strategy that focuses on cash-rich firms. Continuing market volatility attributed to banking industry fears and recession worries makes companies with solid cash positions more likely to succeed during these turbulent times. The AAII Cash Rich Firms screening model has an average annual gain since inception 1998 of 7.2%,…
Shares of Lululemon are surging premarket following strong earnings. (Photo By Raymond Boyd/Getty … [+] Images) Getty Images Key Takeaways Lululemon Beats On Earnings Alibaba Breaking Into 6 Separate Companies VIX Below 20 It was a slow Tuesday with stocks largely unchanged. The Nasdaq fell less than 0.5% while the S&P 500 lost just 0.2%.…
Banking sector problems keep grabbing headlines. But rather than run for the hills, savvy investors can use that volatility to add “Buys” ELSEWHERE. These three MoneyShow contributors name their favorite names. Doug Gerlach, Investor Advisory Service The bill has seemingly come due for the Federal Reserve’s mistaken belief inflation was “transitory.” A late start in…
Topline A bounce back from badly bleeding bank stocks anchored a mostly positive trading session Monday, with shares of Silicon Valley Bank’s new owner First Citizen BancShares skyrocketing, though one prominent analyst warned the latest crisis could spell further trouble for stocks should conditions deteriorate further. Frowns have subsided on Wall Street in recent days.…
Topline Stocks gained yet again Monday as badly bleeding bank stocks bounced back and major indexes continued to recover their March losses. Frowns have subsided on Wall Street in recent days. Getty Images Key Facts The Dow Jones Industrial Average rose 270 points, or 0.9%, in early trading, while S&P 500 and tech-heavy Nasdaq climbed…
First Citizen Bancshares agreed to buy Silicon Valley Bank early Monday. (Photo by NOAH BERGER / … [+] AFP) (Photo by NOAH BERGER/AFP via Getty Images) AFP via Getty Images Key Takeaways Silicon Valley Bank Gets A Savior Banking Crisis Ripple Effects Being Felt S&P 500 Aiming For A Close Over 4,000 Stocks closed out…
Coinbase, cryptocurrencies, crypto getty Coinbase COIN (NYSE: COIN) began its existence on April 14th, 2021 as a hot initial public offering that cryptocurrency freaks could not stop talking about. There was more than the usual amount of “this one’s going to the moon!” free and sometimes paid-for advice that typifies a certain type of IPO…
Topline Bank of America led a group of bank stocks hitting multi-year lows Friday, continuing the bloodbath on the group as the sector-wide turmoil causes bank stocks big and small to shed value at a remarkable rate. It’s been a brutal month for bank stocks. Getty Images Key Facts Shares of Bank of America, PNC…
. In this article I use AAII’s A+ Investor Stock Grades to provide insight into three cybersecurity stocks gaining momentum from recent events. With the prevalence of cyberwarfare and the likelihood of the tactics used growing in complexity, should you consider these three cybersecurity stocks of Check Point Software Technologies CHKP , Fortinet FTNT and…
Fed officials will probably opt for a modest rate hike today, according to the CME FedWatch Tool. … [+] (Photo by ANDREW CABALLERO-REYNOLDS / AFP) (Photo by ANDREW CABALLERO-REYNOLDS/AFP via Getty Images) AFP via Getty Images Federal Reserve officials are highly likely to announce a modest 25 basis point increase in the federal funds rate’s…